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Uber said it needed several hundred drivers to sign up in order to launch the service. But many London cabdrivers had a scathing response. “We don’t need a partnership with Uber,” said the Licensed Taxi Drivers Association, a union that represents a majority of the city’s nearly 18,000 cabdrivers, in the headline of a release on Wednesday. There was “no demand” for such a partnership from taxi drivers, the union’s general secretary, Steve McNamara, said in a statement, adding that their members were unlikely to even consider joining the platform. “If they were offering double the meter and no commission, I still wouldn’t sign up with them.”
Persons: sweetening, Uber, London cabdrivers, , Steve McNamara, Howard Taylor Organizations: Taxi Drivers Association Locations: London
The company now predicts full-year net income of $9.1 billion to $9.7 billion, down from its previous outlook of $9.3 billion to $10.7 billion. But GM expects to generate more cash for the full year. To get there, GM expects to cut capital spending, including a slowdown in spending on electric vehicles and at Cruise, its troubled autonomous vehicle unit. In June of last year, electric vehicle sales were growing about 90% year over year, according to Motorintelligence.com. Barra wrote that GM has a strong cash balance due to record profits from selling gas-powered vehicles and more efficient internal combustion and electric vehicle operations.
Persons: Motors, Barra, Cruise, It's, Mary Barra, Shawn Fain, she’s, ” Barra Organizations: DETROIT, , autoworkers, Detroit, Wednesday, United Auto Workers, GM, San, Cruise, Ford, UAW Locations: Cruise, California, San Francisco, Barra, Detroit
In recent years, London's black cab drivers - who have to pass a test called "The Knowledge" requiring them to memorise thousands of routes within the city - blocked the streets in protests against the ride-hailing service. The new service, which will be rolled out in early 2024, follows nearly a decade of tensions between the two parties, including an unsuccessful legal challenge by black cab drivers against Uber's London operating licence in 2019. Under the new arrangement black cab drivers will be offered jobs with a pre-determined price range through Uber, which they can accept or reject. Uber will not charge black cab drivers a commission for the first six months of the deal. Hameed Hameedi, the first London cab driver to sign up with Uber, said: "Nowadays more passengers than ever are using apps so Uber opening up to Black Cabs will be a huge advantage to the trade."
Persons: Andrew Brem, Uber, Hameed Hameedi, Farouq Suleiman, William James, Tomasz Janowski Organizations: Uber Technologies, Uber's London, Uber, cabbies, Thomson Locations: British, Britain, France, Germany, Spain, London
"I feel really alone and if somebody with the status of an elected official can’t be protected then how must others feel?” said Omar. Official data shows a significant, smaller increase in anti-Muslim incidents in Britain and is patchy for the other two countries. "The vast majority of Muslims do not file a complaint when they are victims of such acts. A spokesperson for France's national police acknowledged data on anti-Muslim incidents was "incomplete", and relied on victims filing a complaint. For some Muslims in Germany, which has welcomed about a million Syrians and just under 400,000 Afghans in recent years, rising hostility came as a surprise.
Persons: Jian Omar, Lisi Niesner, , Omar, Zara Mohammed, Geert Wilders, Ben Badis, Rachid Abdouni, Khalil Raboun, Tell Mama, Mama, Abdallah Zekri, Zekri, Rima Hanano, Gerald Darmanin, Reza Zia, Emmanuel Macron, Zia, Ebrahimi, fomented, Aiman, Germany's, Reem Alabali, Radovan, Ghalia Zaghal, Zaghal, Layli Foroudi, Thomas Escritt, Sarah Marsh, Andrew MacAskill, Frank Jack Daniel Our Organizations: Hamas, REUTERS, Reuters, Muslim Council of, Ministers, Local, French Muslim Council, HISTORY, Kings College London, Amnesty, German Muslim Council, Thomson Locations: German, Kurdish, Israel, Palestinian, Berlin, Germany, BERLIN, LONDON, Europe, Gaza, London, France, Britain, Muslim Council of Britain, British, Dutch, Netherlands, United States, Nanterre, Paris, French, Moroccan, Western, Syria
CNN —Once bitter rivals fighting for control of London’s streets, Uber and the British capital’s iconic black cab taxis are now teaming up. Uber on Tuesday announced a new partnership with London’s black cab taxis that will let cab drivers opt in to gain access to Uber trip referrals. Uber said the first London cab drivers have already signed up, and service will roll out early next year. Many Londoners, meanwhile, take unique pride in the city’s black cab taxi service. When Uber drivers arrived on the scene, however, drivers for the app could simply rely on the app’s navigation systems.
Persons: Uber, , Andrew Brem, ” Hameed Hameedi, Hameedi, ” Hameedi Organizations: CNN, Uber, cabbies, New York Locations: British, hackney, London, Paris , New York, Rome
CNN —For the first time, a transatlantic flight operated by a commercial airline will be powered by 100% Sustainable Aviation Fuel (SAF) — a type of plane fuel that bears the promise of a much lower climate impact than traditional ones. The flight is the latest in a series of recent tests involving 100% SAF. Days earlier, business jet maker Gulfstream completed what it billed as the world’s first transatlantic flight using 100% SAF. Large twin-engine jets have performed flights using 100% SAF on both engines before, but these flights involved military aircraft. “One flight on 100% alternative fuel isn’t going to change the fact that 99.9% of aviation fuel is fossil fuel and there’s no great option for feedstock (raw materials) that can be scaled up sustainably,” she says.
Persons: Virgin Atlantic, Cat Hewitt, Hewitt, we’re, there’s, Giuseppe Cacace, Graham Hutchings, , , ” Matteo Mirolo, ” Hewitt Organizations: CNN, Aviation Fuel, New York’s JFK, Virgin Atlantic, Boeing, Virgin, SAF, UK Civil Aviation Authority, Emirates, Airbus, Gulfstream, International Air Transport Association, Aviation Environment Federation, An, An Emirates Airbus, Getty, Royal Society, European Federation for Transport Locations: London Heathrow, New York’s, An Emirates, AFP
Uber to offer service in London's famous black cabs
  + stars: | 2023-11-28 | by ( Melina Khan | ) www.cnbc.com   time to read: +1 min
London's famous black cabs will soon be available to ride through Uber , the ride-sharing company announced Tuesday. London's taxi drivers will be able to sign up for trip referrals through Uber starting Wednesday, and the service will go into effect in 2024. The news follows Uber's expansions into taxi offerings in Paris, Los Angeles and other major cities. More recently, in May, Uber partnered with Waymo to bring autonomous ride-hailing services to Phoenix, Arizona. Hackney carriages, also known as black cabs, are London's famously recognizable small black taxis.
Persons: Uber, Waymo Organizations: Uber, New York, Italy's, Taxi, CNBC PRO Locations: Paris , Los Angeles, New York City, Phoenix , Arizona, London, Hackney
She moved to Qatar for a higher salaryCoyle told BI that a lot of people she knew viewed the Gulf states as "scary," particularly for women. Coyle told BI that, in her second year, she was given a rent allowance of 9,000 riyals. Coyle told BI the students would often ask about life in Western countries, such as how people met their spouses and why people drank alcohol. She moved to Dubai insteadCoyle applied for a job at a school in Dubai, in the UAE. She told BI Dubai was more "hectic" than Doha.
Persons: Sorcha Coyle, Coyle, she'd, there's, would've, expats, wasn't, haven't Organizations: Business, United Arab, Qatari, Gaelic football team, Qatar, BI Dubai Locations: England, Ireland, Qatar, Dubai, Saudi Arabia, Oman, United Arab Emirates, UAE, Doha, Cuba, China, Israel, London, California
Lilium, a German air taxi firm, has received regulatory approval to design and operate its electric vertical takeoff and landing vehicles, the company said Monday. Alastair McIntosh, Lilium's chief technology officer and head of design organization, said the approval is effectively a "license to operate" for the firm. "Receiving Design Organization Approval from EASA further motivates us on our path to commercialize the revolutionary Lilium Jet," McIntosh said in a statement Monday. I would like to congratulate Lilium on achieving this Design Organization Approval, which advances Europe's electric aviation activity," he added. It's a key milestone for the industry, which has been working for several years to get such vehicles ready for commercialization.
Persons: Lilium, Alastair McIntosh, McIntosh, Luc Tytgat Organizations: European Union Aviation Safety Agency, EU, Lilium Locations: German
Colorado startup Boom Supersonic is developing a faster-than-sound jet called Overture. Boom hopes to conduct its first XB-1 flight by the end of this year. The engines on Boom's XB-1 supersonic test plane. To prepare for its first XB-1 flight, Boom said its test pilots had completed hundreds of hours of flight training in a simulator and a trainer aircraft. AdvertisementA pilot sitting in the cockpit of the Boom Supersonic experimental aircraft.
Persons: , Blake Scholl, Henry Harteveldt, Boom, Charles, Chuck, Yeager, Doc, Shoemaker Organizations: Service, Federal Aviation Administration, eventual, FAA, Business, Boom's, United Airlines, American Airlines, Electric, Pratt & Whitney, GE, Honeywell, Safran Aircraft, Royce, CFM International, Atmosphere Research, Mojave Air, Space Port Locations: Colorado
CNBC Daily Open: Singing the OPEC blues
  + stars: | 2023-11-24 | by ( Clement Tan | ) www.cnbc.com   time to read: +2 min
This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Oil and gas companies pulled ahead with a 1.4% gain despite the continued fall in oil prices after OPEC delayed its policy-setting meeting. The targeted projects include the HTX digital currency exchange, formerly known as Huobi, from which hackers drained around $30 million worth of cryptocurrencies, the company said in a statement on Wednesday. CNBC Pro discusses ways to bet against this stock.
Persons: Justin Sun, HTX, Claudia Buch Organizations: CNBC, U.S, Fort Worth International Airport helped American Airlines Locations: Dallas, Europe
We related to the mother-daughter dynamic of wanting to murder each other one moment, and cuddling in bed giggling the next. Since we knew the neighborhood Aurora lived in, the affluent River Oaks, we felt a kinship with the characters, as if they existed within our universe. Mostly, we bonded over the film’s message that levity and sorrow can, and should, coexist. The theme is just part of the fabric of the movie, like Aurora’s petal pink décor or Emma’s messiness. At the time, Brooks said the adaptation of the novel ended up being the toughest thing he had ever written.
Persons: Aurora, , ” MacLaine, Brooks, Mary Tyler Moore, , ” Brooks, Nicholson Locations: New England, Texas, Oaks
Passengers make their way through the terminal as they travel ahead of the Thanksgiving holiday at Washington Dulles International Airport in Dulles, Virginia, on Nov. 22, 2023. American Airlines last year started using new technology to assign flight gates at Dallas/Fort Worth International Airport, the world's second-busiest airport and American's biggest hub, where it operates out of 135 regional and mainline gates. "It took the nightly process of gating the airline from four hours to about 10 minutes," said American COO David Seymour. The gating technology in other airports aims to avoid gate congestion that could delay flights from departing or parking upon arrival. Short taxi times and other improvements can help airlines save fuel, one of airlines' biggest costs.
Persons: David Seymour, Ronald Reagan, Chicago's, Seymour Organizations: Washington Dulles International, American Airlines, Fort Worth International, Charlotte Douglas International Airport, Miami International Airport, Ronald Reagan Washington National Airport, Transportation Department, American Locations: Dulles , Virginia, Dallas, American's, Miami, Ronald Reagan Washington, Phoenix
The San Francisco skyline is seen behind a self-driving GM Bolt EV during a media event where Cruise, GM's autonomous car unit, showed off its self-driving cars in San Francisco, California, U.S. November 28, 2017. Cruise had in recent months touted ambitious plans to expand to more cities, offering fully autonomous taxi rides. GM lost more than $700 million at Cruise in the third quarter and more than $8 billion since 2016. Cruise has operations in Phoenix and Austin, where regulators have been more accommodating. As part of its previous expansion plans, Cruise had last year asked the National Highway Traffic Safety Administration (NHTSA) for permission to deploy up to 2,500 self-driving vehicles annually without human controls.
Persons: Elijah Nouvelage, Kyle Vogt, Daniel Kan, Cruise, Paul Jacobson, Mary Barra, Morgan Stanley, Adam Jonas, Waymo, Samrhitha, David Shepardson, Joe White, Sayantani Ghosh, Arun Koyyur Organizations: San, GM Bolt, REUTERS, General Motors, Cruise, GM, Reuters, United Auto Workers, FRANCISCO GM, Traffic Safety Administration, NHTSA, Thomson Locations: San Francisco, San Francisco , California, U.S, California, United States, Washington, Phoenix, Austin, Bengaluru, Detroit
A Cruise self-driving vehicle. Photo: Poppy Lynch for The Wall Street JournalGeneral Motors ’ Cruise driverless-car unit plans to eventually reintroduce its robotaxi service following safety mishaps, but will narrow the focus to one city and shelve plans for the Origin, a GM-built driverless taxi. Cruise’s new co-president, Mo Elshenawy, outlined in an employee email Wednesday the plan to scale back future operations to one market, a change from an earlier strategy to deploy service in more than a dozen cities, according to people familiar with the matter.
Persons: Poppy Lynch, Mo Elshenawy Organizations: The Wall Street, GM
Residents of the Gaza Strip greeted the news of a temporary cease-fire with mixed emotions on Wednesday, expressing hope for a respite in Israel’s relentless bombardment but concern that the brief pause did not mean an end to the war. “There’s a little bit of relief,” Ahmed Nassar, a 27-year-old taxi driver, said in a phone interview, adding that he hoped the deal would not fall through. “God willing, at midnight we will see it.”The start of the cease-fire — which would allow for the release of 50 hostages held in Gaza and 150 Palestinian prisoners held in Israel — was to be announced within 24 hours and last for at least four days, said the government of Qatar, which helped lead the negotiations. The pause in fighting would also allow the delivery of more aid and fuel for civilians in Gaza, Qatar said. Mr. Nassar, who fled his northern Gaza neighborhood of Jabaliya and is now living in the central part of the strip, said the deal raised the prospect that a longer cease-fire could come in the next few weeks, which could allow his family to go back and check on their home.
Persons: , ” Ahmed Nassar, Israel —, Nassar Locations: Gaza, Israel, Qatar, Jabaliya
GM’s Driverless Taxis Need to Slow Down
  + stars: | 2023-11-21 | by ( Stephen Wilmot | ) www.wsj.com   time to read: 1 min
A Cruise autonomous taxi in San Francisco, California, earlier this year. Photo: David Paul Morris/Bloomberg NewsStep on the accelerator with driverless vehicles and you scare off regulators and the public, but hit the brakes and you lose financial backers. It won’t be an easy balance for Cruise to strike as it looks for a route out of today’s crisis. The autonomous-taxi venture 80%-owned by General Motors has lost both its co-founders since Sunday, including Chief Executive Officer Kyle Vogt . The resignations, which capped a tumultuous few weeks since the suspension of Cruise’s autonomous-driving permit by the California Department of Motor Vehicles, might make it easier to convince regulators that the business can make a fresh start.
Persons: David Paul Morris, Cruise, Kyle Vogt Organizations: Bloomberg, General Motors, California Department of Motor Vehicles Locations: San Francisco , California
200,149 migrants came to New York State, most of them to New York City. 200,149 migrants came to New York State, most of them to New York City. His brother-in-law, who had come to New York six months earlier, told Mr. Rodríguez there were opportunities for him in New York, and lent him money to fly here. “I didn’t want to interrupt my seven-month-pregnant wife’s rest, and we didn’t go out,” Mr. Vargas said. “Little by little we understood how to navigate the neighborhood,” Mr. Vargas said.
Persons: Milton Vargas, , ” Mr, Vargas, Jorda Colomer, Colomer’s, Manuel Rodríguez, Gaoussou Ouattara, Eduardo Gómez, Todd Heisler, Biden, New York Times Milton Vargas, Mr, , Roosevelt, Rodríguez, New York Times Eduardo Gómez, Gómez, Colomer, Ms, Floyd, I’ll, it’s, New York Times Manuel Rodríguez, Rousseau, Jorda, Andrew Heinrich Organizations: New, New York Times, Port Authority, Kennedy Airport, , Legal Aid Society Locations: New York City, U.S, New York State, United States, Nicaragua, Eagle, , Texas, New York, Texas, Venezuela, Rodríguez, San Diego, Burkina Faso, West Africa, California, Valencia, El Paso, San Antonio, Ukraine, Bronx, Central, Williamsburg , Brooklyn, Queens, Manhattan, Harlem, Mexico, Flushing , Queens, Flushing, Whitestone , Queens, Side, Midtown, Brooklyn, Milton,
GM’s driverless ride heads into a ditch
  + stars: | 2023-11-21 | by ( Jonathan Guilford | ) www.reuters.com   time to read: +3 min
A self-driving GM Bolt EV is seen during a media event where Cruise, GM's autonomous car unit, showed off its self-driving cars in San Francisco, California, U.S. November 28, 2017. Automotive giant GM acquired Cruise in 2016, subsequently bringing on investors including SoftBank’s (9984.T) Vision Fund, Honda Motor (7267.T) and Microsoft (MSFT.O). The question is whether GM’s autonomous division has enough momentum to recover from that loss. CONTEXT NEWSDaniel Kan, co-founder and chief product officer of General Motors’ autonomous taxi business Cruise, resigned from the company on Nov. 20, Reuters reported. California’s Department of Motor Vehicles suspended Cruise’s autonomous license in the state on Oct. 24, saying that the company had “misrepresented” the safety of its technology.
Persons: Elijah Nouvelage, Tesla, that’s, Cruise’s, Cruise, Kyle Vogt, Daniel Kan –, Sam Altman, Elon Musk, Mary Barra hasn’t, SoftBank, Daniel Kan, John Foley, Sharon Lam Organizations: GM Bolt, REUTERS, Reuters, General Motors, Automotive, GM, Cruise, Vision Fund, Honda, Microsoft, Uber Technologies, Ford, U.S . National, Traffic, Administration, California’s Department of Motor Vehicles, Thomson Locations: San Francisco , California, U.S, San Francisco, California
At least Zeekr benefits from having a powerful parent, Geely Automobile, which is part of China’s largest privately owned auto group Zhejiang Geely. But Geely Automobile, which will maintain control of the business after the IPO, has a market capitalisation of only $12.3 billion. The company, owned by Chinese automaker Geely Automobile, hopes to use funds raised to expand its product line. The company reported a net loss of 3.9 billion yuan ($534 million) for the six months to the end of June 2023, compared with a 3.1 billion yuan loss a year earlier. Revenue grew by 136% to 21 billion yuan, with 13.2 billion yuan of that total coming from vehicle sales.
Persons: Zeekr, Xi Jinping, Joe Biden, Antony Currie, Thomas Shum Organizations: Reuters, U.S, Geely Automobile, HK, Graphics, European Union, Zhejiang, Investors, Revenue, Thomson Locations: HONG KONG, New York, Beijing, Washington, Brussels, China, U.S, Europe, China’s, Hong Kong
AdvertisementI've traveled solo many times in the past 10 years, and there are a few things I always do to try to stay safe. This can help my loved ones know where I am, especially when I'm traveling with an open schedule. I never tell strangers I'm traveling aloneI don't tell strangers I'm by myself when I'm adventuring around foreign places. AdvertisementAnd when I book Airbnb or hotel reservations I add a second person's email to my reservation so people don't think I'm traveling alone. AdvertisementI never tell strangers I'm traveling alone.
Persons: I've, Nicole Jordan, I'm, I'd Organizations: Apple Locations: I've
I'm rooting for GM to get cruise back online, says Jim Cramer'Mad Money' host Jim Cramer takes a look at General Motors' self-driving taxi service Cruise after San Francisco pulled the company's permits.
Persons: Jim Cramer, San Francisco Organizations: GM, General Motors, San
REUTERS/Elijah Nouvelage/File Photo Acquire Licensing RightsNov 20 (Reuters) - General Motors' (GM.N) Cruise co-founder and chief product officer Daniel Kan has resigned, the company told Reuters on Monday, a day after Cruise CEO Kyle Vogt quit. A spokesperson for Cruise said Kan announced his resignation in a Slack message. In his message to employees, seen by Reuters, Kan noted that Cruise had been serving 10,000 rides per week. GM shuffled leadership at Cruise including naming general counsel Craig Glidden as chief administrative officer, bringing in a third-party safety officer and appointing co-presidents. U.S. Transportation Secretary Pete Buttigieg told reporters on Monday the federal government will do everything it can using existing regulatory powers to ensure that Cruise and other autonomous vehicles are deployed safely.
Persons: Elijah Nouvelage, Cruise, Daniel Kan, Kyle Vogt, Kan, Vogt, Kan didn't, Craig Glidden, Pete Buttigieg, Greg Bensinger, Chizu Nomiyama, Chris Reese, Cynthia Osterman Organizations: GM Bolt, REUTERS, General Motors, Reuters, Cruise, GM, U.S . Transportation, Thomson Locations: San Francisco , California, U.S, United States, San Francisco
Cruise CEO Kyle Vogt resigned on Sunday, a day after apologizing to staff as the company undergoes a safety review of its U.S. fleet. Cruise pulled all of its vehicles from U.S. testing after an Oct. 2 accident in San Francisco that involved another vehicle and ended with one of Cruise's self-driving taxis dragging a pedestrian. "We're going to do everything we can with the authorities we do have, which are not trivial," Buttigieg told reporters. The unit had in recent months touted ambitious plans to expand to more cities, offering fully autonomous taxi rides. Cruise competes with Alphabet's (GOOGL.O) Waymo in deploying autonomous vehicles and had been testing hundreds in several cities across the United States, notably its home of San Francisco.
Persons: Transportation Pete Buttigieg, Joe Biden, Leah Millis, Pete Buttigieg, Kyle Vogt, Cruise, Buttigieg, David Shepardson, Will Dunham, Chizu Organizations: Transportation, South, REUTERS, Rights, . Transportation, Motors, Traffic Safety Administration, California Department of Motor Vehicles, Transport Workers Union of America, Brotherhood of Teamsters, United Auto Workers, NHTSA, Thomson Locations: Washington , U.S, San Francisco, Buttigieg's, United States
Nov 19 (Reuters) - - Kyle Vogt, the CEO of General Motors' robot-taxi unit Cruise, has resigned from the company a day after apologizing to staff as the company undergoes a safety review of its U.S. fleet. The Cruise board met on Nov. 13 and the next day named GM general counsel Craig Glidden as Cruise's chief administrative officer. The board also said it would retain a third-party safety expert to assess safety operations and culture. Former Tesla President Jon McNeill, a GM director since 2022, was named vice chairman of the Cruise board alongside Barra, who is the chair. The National Highway Traffic Safety Administration in October opened an investigation into pedestrian risks at Cruise and the Cruise board hired law firm Quinn Emanuel to review Cruise management's responses to regulators investigating the Oct. 2 accident.
Persons: Kyle Vogt, Vogt, Cruise, Vogt's, Craig Glidden, Stephen Lam, Mary Barra, Glidden, Mo Elshenawy, Jon McNeill, Barra, Quinn Emanuel, Greg Bensinger, David Shepardson, Kenneth Li Organizations: General Motors, Reuters, GM, Cruise, Honda, REUTERS, California Department of Motor Vehicles, Traffic Safety Administration, Thomson Locations: United States, San Francisco , California, U.S, San Francisco
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